Latest Relevant News
03/17/2010 04:08 PM
UPDATE 1-Extended Stay accepts Starwood reorganization ... - Reuters
NEW YORK, March 17 (Reuters) - Hotel chain Extended Stay America ESAIN.UL plans to accept a reorganization proposal from investors led by Starwood Capital Group, switching its support from an earlier ...
03/15/2010 11:46 AM
UPDATE 1-Starwood says its bid for Extended Stay is ... - Reuters
NEW YORK, March 15 (Reuters) - An investor group led by Starwood Capital is saying its plan to take U.S. mid-priced hotel chain Extended Stay America Inc [ESAIN.UL] out of bankruptcy would be a ...
03/15/2010 10:41 AM
Starwood says its bid for Extended Stay is better - Reuters
NEW YORK, March 15 (Reuters) - An investor group led by Starwood Capital is saying its plan to take U.S. mid-priced hotel chain Extended Stay America Inc [ESAIN.UL] out of bankruptcy would be a ...
03/15/2010 11:24 AM
Staybridge Suites Oak Ridge is JD Power and Associates ... - PRLog (free press release)
PR Log (Press Release) – Mar 15, 2010 – Extended stay hotel in Oak Ridge, TN welcomes you. We want you to "Get Comfortable" at the Staybridge Suites of Knoxville - Oak Ridge, TN. For your ...
03/18/2010 08:50 AM
Starwood, TPG, Five Mile to Invest in Extended Stay ... - BusinessWeek
March 18 (Bloomberg) -- Starwood Capital Group, TPG Capital and Five Mile Capital Partners agreed to invest as much as $905 million in Extended Stay Hotels Inc. in a recapitalization plan that would ...
03/18/2010 10:23 AM
UPDATE 1-Starwood consortium to invest $905 mln in ... - Reuters
March 18 (Reuters) - A group led by Starwood Capital has agreed to invest up to $905 million in Extended Stay America [ESAIN.UL], as part of a reorganization proposal to bring the hotel chain out of ...
03/18/2010 05:26 PM
Extended Stay Picks $905M Starwood Investment - site.law360.com
Law360, New York (March 18, 2010) -- Turning away bids from other private equity firms, Extended Stay Hotels LLC has chosen a recapitalization plan that provides the bankrupt hotel chain with $905 ...
03/18/2010 08:00 AM
Extended Stay accepts offer from Starwood Capital - Boston Globe
Private equity firm Starwood was founded and is controlled by hotel magnate Barry Sternlicht. He would serve as Extended Stay's chairman. The group's offer is not conditioned on any financing but ...
03/17/2010 11:43 AM
Extended Stay Changes Bedfellows - Wall Street Journal
Extended Stay Inc., which tumbled into the bankruptcy-court protection last June in the largest U.S. hotel bankruptcy ever, has accepted a reorganization plan proposed by an investor group led by ...
03/18/2010 05:40 PM
Extended Stay Hotels Accepts Starwood Capital-Led Offer ... - Transworld News
Extended Stay said its board deemed the Starwood Capital-led offer as "superior" to its prior deal with Centerbridge and Paulson & Co. That agreement has been terminated. Private equity firm Starwood ...
Latest Relevant Blogs
03/19/2010 10:00 AM
Barry Sternlicht's Starwood to Check-In to Extended Stay Hotels ...
A group of investors, led by Barry Sternlicht's Starwood Capital, has agreed to invest $905 million in Extended Stay Hotels. The proposed deal will bring the company out of bankruptcy -- and ...
03/20/2010 06:07 PM
What is a good hotel with extended stay in Denver?
We will be in Denver for over a month and looking for a hotel that accomodates extended stays - rooms with kitchen, etc. We will be at the Children's Hospital.
03/19/2010 01:36 AM
Extended Stay Accepts Starwood Offer - DealBook Blog - NYTimes.com
Extended Stay Hotels has decided to accept an investment offer worth up to $905 million from a group led by Starwood Capital Group in order to exit bankruptcy, abandoning an earlier proposal ...
03/18/2010 08:07 AM
peHUB » Extended Stay Secures Financing To Exit Bankruptcy
Starwood Capital Group, TPG Capital and Five Mile Capital Partners have agreed to invest up to $905 million in Extended Stay Hotels Inc. The investment would be part of a recapitalization that ...
03/18/2010 01:21 PM
Greenberg, Ropes Advising on Extended Stay Investment Offer
The bankruptcy of Extended Stay Hotels, the largest Chapter 11 case ever by a U.S. hotel owner, could be coming to a close after a consortium advised by Greenberg Traurig agreed to ...
03/18/2010 04:52 PM
Starwood Capital-Led Consortium Reaches Agreement to Invest Up to ...
Starwood Capital Group, TPG Capital and Five Mile Capital Partners announced today that they have reached an agreement to invest up to $905 million in Extended Stay Hotels, Inc. as part of a ...
03/20/2010 01:29 PM
City Centre Hotels In Dublin :The Streets Of Dublin
Hotels (city centre properties, in particular) can be quite hard to book. Types of hotels to find in this location include: luxury hotels, budget hotels, mid-range ...
03/19/2010 04:55 PM
Seattle Tourism » Blog Archive » Eager To Plan Your Holidays ...
Another type of hotel which is quickly becoming popular on the market is extended stay hotel. This type of hotels is designed for corporate travelers who are on a long-term ...
03/16/2010 07:50 AM
Two Men Shot: Homestead Studio Suites Extended Stay Hotel in ...
Schaumburg police responded to a report about 1:20 a.m. Tuesday of shots fired in a third-floor room at the Homestead Studio Suites Extended Stay Hotel, 51 East State Parkway. A 29-year-old ...
03/20/2010 12:22 AM
Why Are Hotels Still in Survival Mode? - PhoCusWright Connect
Or the proposed $905 million Extended Stay investment by Starwood Capital, which would reduce Extended Stay's debt from $7.4 billion to $2.8 billion. The hotels, companies and ...